Evan Griffith & Tony Pepdjonovic Of Marcus & Millichap Sell Delhi Street Portfolio For $48.75M
157 Delhi Street, 159 Delhi Street, 161 Delhi Street, 163, 163 Delhi Street, 165 Delhi Street & 167 Delhi Street
$48,750,000
$3,096/SF
Building Size
15,744 SF
Asset Type
MultiFamily
Closing
Jul 28, 2026
AI
The Delhi Street Portfolio is an 18-unit multifamily property located at 157-159 Delhi Street, 161-163 Delhi Street, and 165-167 Delhi Street in the Mattapan market of Boston, MA. The property was sold for $48,750,000 and has a total square footage of 15,744, resulting in a price per square foot of $3,096.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $48,750,000
- Address: 157-159 Delhi Street; 161-163 Delhi Street & 165-167 Delhi Street
- Market: Mattapan, MA
- Square Footage: 15,744
- Price Per Square Foot: $3,096
Evan Griffith and Tony Pepdjonovic from Marcus & Millichap represented the transaction, facilitating the sale of the property on July 28, 2026.
Players
Delhi MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93